The monthly federal account
allocation committee (FAAC) meeting, failed to hold as the 36 states of the
federation pulled out, due to alleged discrepancies in federation account
figures presented by the federal government,Chairman, Forum of Finance Commissioners,
Mahmoud Yunusa has said.
According to him, the decision
was taken after consultation with state governors.
Yunusa said the governors gave
commissioners directive to postpone the meeting pending the reconciliation of
all accounts.
“The meeting has been postponed
until we reconcile the figures in the accounts,” he said.
“I sincerely apologise for
keeping everyone, but this is the position of our principals through the
Chairman, Governor’s Forum, even though the matter was discussed at length during
NEC when all the governors were present.
“So, we should all take our leave
and wait for the next date which will be announced later.”
Yunusa also revealed that the
finance commissioners, as well as the state accountants-general, would meet
next week to decide when to reconvene the meeting.
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